Primary Qualitative Characteristics of Accounting Information Are

question 147

Multiple Choice

Primary qualitative characteristics of accounting information are:

• A)Relevance and comparability.
• B)Comparability and consistency.
• C)Faithful representation and relevance.
• D)Faithful representation and consistency.

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Definitions:

Piaget

A Swiss developmental psychologist and philosopher known for his epistemological studies with children, Piaget's theory of cognitive development posits that children move through four stages of mental development.

Social And Cultural Contexts

The environments, practices, and beliefs that influence individuals' behaviors, attitudes, and experiences.

Object Permanence

Object permanence is the cognitive understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed.

Reflexes

Automatic, involuntary responses to specific stimuli.